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Southwest's Executive Chair, Other Board Members Leave as Elliott Pushes Change
Key Takeaways Southwest Airlines' former CEO and current Executive Chair Gary Kelly and several board members announced they will be stepping down.The moves came as Elliott Investment Management puts pressure on executives to make significant changes to the airline.
Southwest shares fall 3% as activists push out chairman Gary Kelly
Elliot announced in June that it had built a 11% stake in the airline and called for the departures of Kelly and CEO Bob Jordan.
Southwest Airlines chairman to retire, 6 board members to resign after push from major shareholder
Southwest Airlines shakes up leadership amid pressure from major investor 01:27. DALLAS – Southwest Airlines will revamp its board of directors, and longtime Chairman Gary Kelly
Amid business changes by activist investor Elliot, Southwest Airlines board chair to exit in 2025
A longtime Southwest Airlines company executive said Tuesday amid a board shakeup and changes to the carrier by an activist investor group that he will retire next year from his role after nearly 40 years with Southwest.
Southwest Chairman Gary Kelly to retire, under pressure from activist Elliott
Southwest Airlines on Tuesday announced changes to its board including the retirement of Chairman Gary Kelly, but reiterated its support for CEO Bob Jordan despite calls for a shakeup from activist investor Elliott Investment Management.
Southwest Airlines Agrees to Board Changes After Pressure From Elliott
Southwest Airlines on Tuesday announced an overhaul of its board of directors, including the planned departure of its executive chairman, Gary Kelly, after a meeting with a hedge fund that has called for sweeping changes at the company.
4d
on MSN
Watch Live: Rogers Communications Inc. executive chair Edward Rogers discusses MLSE deal at 11:30 a.m. ET
Rogers Communications Inc. executive chair Edward Rogers will discuss the company’s deal to buy out Bell’s share of Maple ...
2d
Trafigura set to name Richard Holtum as chief executive
Trading house to announce as early as next week that head of gas, power and renewables will succeed Jeremy Weir ...
obj
4d
Kinaxis names corporate veteran Robert Courteau executive chair amid hunt for new CEO
Kinaxis has appointed veteran corporate leader Robert Courteau to the role of executive chair as the Kanata-based ...
3d
on MSN
Volusia County Republican Executive Committee backs Randy Dye for county chair
The Volusia County Republican Executive Committee has endorsed Randy Dye for county chair, eschewing the incumbent.
Daily
2d
Suven Pharma appoints Vivek Sharma as new Executive Chairman
Hyderabad: Suven Pharmaceuticals Ltd., has announced the appointment of Vivek Sharma as the new Executive Chairman, effective ...
5d
Sidley Taps Fahrney as Chair-Elect of Executive Committee (1)
Sidley Austin has elected partner Brian Fahrney as the next chair of the law firm’s executive committee. Fahrney is global co ...
insurancebusinessmag
10d
Amwins executive chair named 2024 Insurance Leader of the Year
St John’s University’s Maurice R Greenberg School of Risk Management, Insurance and Actuarial Science, part of The Peter J Tobin College of Business, will honor M. Steven DeCarlo, executive chair of ...
IOM Today
2d
Visit Isle of Man appoints a new non-executive chair and volunteer board members
The non-executive board will continue working closely with the Visit Agency’s chief executive Deborah Heather and political ...
Fleet News
9d
Hiyacar appoints George Webb as executive chair
Former RAC director George Webb has joined keyless car sharing platform Hiyacar as its new executive chair. He brings ...
The News Letter
2d
Stormont scrutiny committee chair 'never going to challenge' witness claim Housing Executive is institutionally racist
Timothy Gaston “quite properly” challenged a witness on a Stormont committee who said the Housing Executive was ...
10d
on MSN
Tim Robinson Comedy ‘Chair Company’ Picked Up to Series at HBO
HBO has formally ordered “The Chair Company,” the comedy series starring and co-created by Tim Robinson. The project was ...
Channel 4 News
4d
Payment to subpostmasters ‘not happening fast enough’, says Business and Trade Committee chair
Nick Read’s tenure has been dominated by the Horizon IT scandal, and there’s been growing criticism over the speed at which ...
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